Sunshine State: Florida seeks all-year daylight saving time
Energy savings: The DOT says people more spend time outside in the evenings during DST, meaning less energy is used at home . Greg Steube, who sponsored the bill, said that the idea of year-round daylight time has enormous support among Floridians.

Trump Disputes Times Report on His Legal Team
They are doing a great job and.have shown conclusively that there was no Collusion with Russia.just excuse for losing. He also defended Vice President Dick Cheney in a lawsuit by former Central Intelligence Agency agent Valerie Plame .

Northeast Poll Wins Have Helped Unite Country: PM Modi
Biplab Kumar Deb takes oath as the Chief Minister of Tripura on Friday noon, forming the first-time BJP government in the state. The oath ceremony was attended by prime minister Narendra Modi and BJP president Amit shah among others.

Vancouver 7s: Mocenacagi named Player of the Final
The Aussies racked up two tries in the first four minutes and a third converted try by John Porch saw them lead 19-0 at the break. South Africa, who beat Russian Federation 38-7 and thumped Scotland 21-0 to finish second in the group, face Australia.

Former Cop Accused Of Beating, Using Taser On Jaywalker
The FBI is investigating a North Carolina police officer for the bloody beating of a pedestrian he accused of jaywalking. Police Chief Tammy Hooper did not try to defend Hickman's behavior and admitted her department is under scrutiny.

Woman finds toddler locked iPhone for 47 years
It found that they spend 2.6 hours a day watching programmes, video and short clips, compared to 2.5 hours past year . Well, Apple locks the phone for exponentially longer times depending on the number of wrong password entries.

Mohammed Shami's wife Hasin Jahan to approach BCCI for justice
The BCCI has already withheld Shami's Central Contract as the police may start its inquiry on allegations of domestic violence. She added, "If today I do not take this matter to the BCCI then other players will also get the courage to do such things".

SIT to probe Naveen's 'links' with ultra-right
An unidentified gunman had on September 5 a year ago shot dead Gauri, who was known for her writing against communalism. A case under the Arms Act was then registered against him and he was remanded to judicial custody by a court.

Dropbox IPO to value business at $7bn

Salesforce, which previously invested $5 million into the company, will own less than 5% of Dropbox's total shares.

While the company is inching closer to profitability, Dropbox outlined in its deal prospectus its focus to get more of those users to pay up.

In a filing with the SEC, Dropboxsaid it will sell 26.8 million Class A shares at United States dollars 16-18 each. The company said it earned $1.1 billion in revenue previous year, up from $603.8 million in 2015.

While venture financing remains high, startup valuations have mostly stabilized in the United States. The company will face major competitors such as Alphabet's (NASDAQ: GOOGL) Google and Apple Inc. In the same period, the company's net losses shrank to $112 million from $210 million. Despite the losses, the company is free-cash-flow positive and expects the cash it currently has to be enough to support its cash needs right now.

Dropbox was founded in 2007 and booked $1.1 billion in sales for the 12 months ended December 31, 2017. At the midpoint of the proposed range, Dropbox would command a fully diluted market value of $7.6 billion.

Dropbox's Monday filing kicked its investor roadshow into high gear touting the IPO.

"The IPO is a slap in the face to investors of the 2014 round" of Dropbox, he added.

"The move by the popular cloud storage company Dropbox makes sense, as upbeat equity market conditions should allow it to raise the $500 million it seeks at a favorable valuation", AMEinfo reported Forbes as saying.

Chief Executive Officer and co-founder Drew Houston will hold 22 percent of the shares outstanding after the offering, or 24 percent of the voting power, according to the filing. The company has warned potential investors that it isn't focusing on profits just yet though, as it plans to start spending more on research and development to strengthen its infrastructure and hire more employees.